23 BOOTH ST. ST Oro-Medonte, ON$2,999,900

#S5761676

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About the Property

Investor/Users Dream! Newly Renovated Commercial Building Facing Busy Hwy 11. This Multi-Tenant Building Features 4 Units - 2 In The Front And 2 In The Rear. Plus Approx 1/2 Acre Of Desirable Outside Storage. Since The Current Owner Purchased The Building They Have Done Nearly $1M In Improvements Including But Not Limited To A New Roof, New Hvac, New Septic, Creation Of New Rear Yard, New Drainage, New Gas Line Run Into Building (Replacement Of Oil Heating), New Lighting, New Flooring, New Washrooms, New State Of The Art Security System, New Security Fence, New Paint, And Much More. The Two Tenants At The Front Are Retail Tenants While The 2 Tenants In The Rear (One Is Owner Who Can Move Should A User Wish To Occupy Their Unit) Are More Of An Industrial Use Allowable Under The Custom Workshop Use In Oro's Commercial By-Law. All Tenants Are Separately Metered For Net Utilities. The Building Generates Excellent Revenue And The Asking Price Reflects A 6.5 Cap Rate.**** EXTRAS **** If A User/Investor Needs Space, Approx 4800 Sf Can Be Made Avaialble By Terminating Two Of The Leases At The Rear Of Building. Ask Listing Agent For Copy Of Comprehensive Marketing Package. (id:32937)

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Listing Agent

PHILLIP MOORE

Salesperson

(705) 435-4488

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Realtor.ca

Key Information

City: Oro-Medonte

Property

Property Type

Retail

Building

Cooling Type

Fully air conditioned

Measurements

Additional Info

Business Type

Retail and Wholesale

Listing Contract Date

2022-09-13

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